Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the sale, the insider directly owned 403,612 shares in the company, valued at $49,071,146.96. This trade represents a 2.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Robinhood Markets Price Performance
Shares of NASDAQ:HOOD opened at $116.97 on Thursday. The firm has a fifty day moving average price of $124.40 and a two-hundred day moving average price of $117.77. The company has a market cap of $105.18 billion, a price-to-earnings ratio of 48.54, a PEG ratio of 1.84 and a beta of 2.44. Robinhood Markets, Inc. has a one year low of $29.66 and a one year high of $153.86.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The business’s quarterly revenue was up 100.0% on a year-over-year basis. Equities research analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.
Trending Headlines about Robinhood Markets
- Positive Sentiment: Zacks includes HOOD on a short list of “momentum” stocks to buy for January, highlighting continued investor interest in shares tied to post‑December momentum. 5 Momentum Stocks to Buy for January After a Mixed December
- Positive Sentiment: Zacks also names HOOD among three crypto‑centric stocks to consider as Bitcoin rebounds, reinforcing a thesis that crypto market strength could boost Robinhood’s trading volumes and revenue. 3 Crypto-Centric Stocks to Boost Your Portfolio Before Next Bitcoin Rally
- Neutral Sentiment: Market note: Zacks summarized recent price action noting HOOD “dipped while the market gained,” which is a short‑term datapoint investors use alongside news flow and technicals. Robinhood Markets, Inc. (HOOD) Stock Dips While Market Gains: Key Facts
- Negative Sentiment: Zacks Research downgraded HOOD from “strong‑buy” to “hold,” which can weigh on momentum investors and prompt some rebalancing away from the name. Zacks.com TickerReport Coverage
- Negative Sentiment: Native American groups have escalated legal action against Robinhood and Kalshi, introducing litigation risk and potential regulatory/legal costs that can hurt sentiment. Native American groups escalate legal fight against Robinhood, Kalshi – report
- Negative Sentiment: Significant insider selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M at ~$121.63 avg), CTO Jeffrey Pinner sold 5,864 shares, and another senior insider sold 10,000 shares — large disclosed sales that often pressure sentiment even if preplanned. SEC filings: CEO Form 4 CTO Form 4 Other Insider Form 4
Institutional Investors Weigh In On Robinhood Markets
A number of institutional investors have recently made changes to their positions in HOOD. Vanguard Group Inc. lifted its stake in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the last quarter. State Street Corp grew its stake in shares of Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after buying an additional 16,375,734 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Robinhood Markets by 4.0% in the second quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock worth $1,233,840,000 after buying an additional 507,926 shares during the period. WCM Investment Management LLC lifted its stake in shares of Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after acquiring an additional 11,244,182 shares during the last quarter. Finally, Norges Bank purchased a new stake in Robinhood Markets during the 2nd quarter valued at about $973,122,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Truist Financial assumed coverage on Robinhood Markets in a research report on Wednesday, December 17th. They set a “buy” rating and a $155.00 price target for the company. Mizuho lifted their target price on shares of Robinhood Markets from $145.00 to $172.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Citigroup increased their price target on shares of Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a report on Tuesday, September 23rd. Barclays raised their price objective on shares of Robinhood Markets from $168.00 to $171.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Robinhood Markets in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $136.80.
View Our Latest Stock Report on HOOD
Robinhood Markets Company Profile
Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.
Robinhood’s core products and services include a mobile app and web platform for trading U.S.
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